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Golden Ten Data reported on March 28 that after the largest gold sell-off in years, dip buyers have started to enter the gold market. As of Thursday’s close, the gold price had fallen 19% from its January closing peak, nearing the traditional 20% threshold that signals the start of a bear market. However, by Friday, buyers returned, pushing gold prices up by approximately 3%. George Efstathopoulos, a fund manager at Fidelity International, said that once Middle East tensions ease, this correction will present a buying opportunity. Factors such as inflation risk, fiscal pressure, and bond credit issues remain structural tailwinds supporting gold. Analysts also noted that the Iran war could prompt central banks to sell gold, or at least slow their pace of purchasing. Daniel Ghali, a commodities strategist at TD Securities, believes that since central banks have been cornerstone buyers in this bull market, large-scale direct selling would have a more immediate impact on prices and a more damaging effect on market sentiment. But for now, the broader trend is more likely to be a stepwise slowdown in central bank gold purchases, rather than a total shift toward selling.

Gelonghui, March 28 — Wedbush analyst Dan Ives reiterated in his latest research report that the foundation for a 2027 merger between Tesla and SpaceX is gradually taking shape. This view is no longer just a bold prediction, but increasingly resembles a realistic path that is already in progress. Previously, Tesla’s $2 billion investment in xAI was converted into SpaceX equity after SpaceX acquired xAI earlier this year. Although the stake is less than 1%, it marks the first direct capital connection between the two companies. More importantly, both parties recently announced their joint construction of the TERAFAB facility in Austin, Texas. Ives believes this is the first step towards deeper integration between Tesla and SpaceX. In addition, SpaceX’s IPO, expected as early as mid-June, is also expected to accelerate this process further.

⑴ DBS Group Research anticipates that South Korea’s exports in March will maintain double-digit growth, driven by strong demand for artificial intelligence and data centers, rising memory chip prices, and supply shortages. The export growth rate is expected to accelerate further compared to January and February. ⑵ Although the rise in crude oil and liquefied natural gas prices has pushed up import costs, robust exports are sufficient to offset this impact, and the trade surplus in March is likely to expand. ⑶ In terms of inflation, due to the combined effects of the increase in global energy prices and the depreciation of the Korean won, the consumer price index in March is expected to rise to around 2.3% year-on-year, remaining consistently above the 2% target level. ⑷ To address the impact of the Iran conflict, the South Korean government has introduced a series of price stabilization measures, including setting a cap on fuel prices, releasing reserves, implementing energy-saving initiatives, and preparing a supplementary budget of 25 trillion won.